By the time you’re done reading this paragraph, the world will have used an olympic-sized swimming pool of oil, and, by the time today ends,the world will have consumed a staggering 92,000,000 barrels of oil (IEA). World demand is forecasted to reach 110,000,000 barrels of oil per day 20 years from now. Currently, Canada supplies […]
Over the next 25 years, the economic contribution from the Canadian oil sands is estimated to reach over 2.1 trillion dollars, injecting its effects nationally as well as internationally across north america. As a key driving force, the impact of the heavy crude industry will reach nearly every region in Canada through job creation and […]
Oil sands tailings ponds have received a great deal of media attention in connection with two types of environmental problems: how they impact ecosystems while active, and whether or when the land they occupy will be reclaimed. The media hype and distortion have had serious—and unfair—consequences for the industry’s image. This has made it difficult […]
The Canadian oil sands have significant potential and are, by far, one of the best options for meeting growing world oil demand. However, further development of this large resource faces a number of challenges. Perhaps the most damaging is the image of oil sands as a source of “dirty oil.” This is not a trivial […]
Despite much wishful thinking to the contrary, the world’s economies rely heavily on oil and will continue to do so into the foreseeable future. Although there has been some limited progress in obtaining energy from new and renewable sources, we continue to consume oil at a rate that has never been higher, and every year […]
Located in the heart of Canada’s West, the province of Alberta continues to hit national records with its robust and booming economy, low unemployment, nonstop influx of skilled workers and promising livelihood perspectives. Blessed with 170 billion barrels of economically recoverable petroleum reserves, the second largest in the world after Saudi Arabia, Alberta effectively runs […]
Mary Clark Shepherd, daughter of Dr. Karl Clark, talks about her father seeing possibilities in pioneering the hot water process for the oil sands. Learn more about Suncor Energy’s oil sands operation at http://suncor.com/en/about/272.aspx
At first glance, Alberta’s oil sands are just deposits of bitumen mixed with sand and clay. But if you look deeper, you’ll see the progress, the possibilities and the people behind the oil sands. Using current technology and under current economic conditions, 169.9 billion barrels of oil can be recovered, making Alberta’s oil sands among […]
Learn what the oil sands are and how they’re developed as well as whats being done to protect the environment, pioneer technology, reclaim land, engage communities, and provide economic opportunities. Part One: Part Two:
In his newly-released book, Black Bonanza: the Race to Secure North America’s Energy Future, noted historian and publisher Alastair Sweeny sees Canada’s vast oil sands resource as a calming, stabilizing force in the world.
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